Used for listed equity securities. Dividend roll in which the "dividend capturer" already owns the stock cum dividend .
Similar Matches
Double auction market
Double auction market Systems by which listed securities are bought and sold through brokers on the securities exchanges, as distinguished from the OTC market, where trades are negotiated. Unlike the conventional auction with one auctioneer and many buyers, double auction markets consist of many sellers and many buyers.
Double auction system
Double auction system A market consisting of many sellers and many buyers, as opposed to a conventional auction with one market maker and many buyers.
Double barreled
Double barreled Describes backing of the principal and interest of a smaller municipal revenue bond the large municipal entity.